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The impact that employee financial stress has had on lost productivity from presenteeism, absenteeism, exacerbated health issues, and higher employee turnover numbers has been largely understood, as we explored in Part 1, Helping employers in the new normal: COVID-19 & the changing relationship between employers & employees. Almost every month, a new study or report is published highlighting the number of Americans living paycheck to paycheck, struggling to save for emergencies, and saving too little for retirement.
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